We expect AUDUSD to trend upwards later today. Based on these past Germany Ifo Business Climate news events there is a 80% chance of this. We expect this to happen if the released value is > 94.7. A price movement of 8 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jun 08:00

25 May 08:00

22 Feb 09:00

18 Dec 09:00